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‘Difficult Decisions’: Chevron to Layoff More than 500 Employees in Houston Following Hess Merger

HOUSTON, TEXAS, JUL 23 – Chevron cut 575 jobs at Hess office after acquiring Hess in a $53 billion deal, reducing over one-third of Hess’s Houston workforce to boost long-term competitiveness, Texas Workforce Commission said.

  • Chevron completed its $55 billion merger with Hess on July 18, 2025, and plans to cut 575 Houston jobs effective September 26.
  • The merger faced a postponement exceeding a year, during which Chevron prepared to finalize the agreement swiftly and collaborated closely with Hess on integration plans.
  • IT staff from both Chevron and Hess held frequent meetings to coordinate the merger process, and Hess workers were informed about the option to apply for severance packages.
  • Last week, Chevron CEO Mike Wirth mentioned in an interview that integrating technology and merging staff from both companies would require several months.
  • Chevron is offering severance benefits and aims to maintain safe, reliable operations during the transition amid these difficult workforce reductions.
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Bloomberg broke the news in United States on Wednesday, July 23, 2025.
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